GetPowerPay.com Cloud Based Digital Financing Platform for Home Services Companies
Problem with Indirect Lending Model • Unnecessary Dealer Fees • Primarily Credit Card Products • Complicated Enrollment • Ask Contractors to Process Credit Cards at Job Completion • Low Approval Rates • Product Ambiguity = Confused Consumers
Comprehensive Solution Consumer Finance Platform designed by dealers for dealers • NO FEES EVER!! • National Lender Network • Instant Approval, Paperless, Simple-to-Use, Secure • Loan offerings - FICO 600-850 • Higher Approve Rates • $50K Credit Limits (higher amounts with approval) • Low Monthly Pay Options We help home improvement companies sell more & close more!!
Not Your Typical Home Improvement Lender • Low Payment Focus = Expanded Consumer Base • Get below 640 line and double your customer reach • Low Payments allows for upsell of bundle services • 3,500 lender credit union network with $1T assets • Less rate fluctuation & low rates because they’re a Non-Profit • Consumers become Members • Members get special rates, special services, special treatment!
How It Works In Home Visit or Approved to 600 FICO Cloud Based Loan Approval & Apply Online Score E-signature Use on any Trade Licensed AI provides instant Install Equipment device approval Funding proceeds in Member Benefits Paperless, Making credit available 48 hours Secure to 80% of the market
THIS IS THE ONLY PAGE YOU NEED TO LEARN TO CLOSE OUT A DEAL DEAL CENTER (This is the only page the dealer needs to learn to use the program)
EVERY CONSUMER BECOMES A REMOTE MONITORED DEMAND RESPONSE CUSTOMER ON OUR PLATFORM ALLOWS US TO HELP DEALERS WITH RESIDUAL INCOME FOR YEARS
Demand Response Remote monitoring allows us to turn assets on or off so the utility can redistribute power to other parts of their network during critical situations Central Station Monitoring Partnered w/ Alarm.com watch assets in real time provides software & hardware Utility Credits Remote Control Access offset consumer loan payments signals units to turn on & off
IoT Allows for Seamless Integration opens door for any dealer to install with our partnered equipment
Price List NO MERCHANT FEES EVER!! Effective Date January 1, 2019 Description APR Payment Factor Term Merchant Fee 60 Months 7.99% 2.03% 60 NO FEE 84 Months 8.99% 1.63% 84 NO FEE 120 Months 9.99% 1.32% 120 NO FEE 120 Months 8.99%1 1.27% 120 NO FEE 1 For qualified consumers For Approved & Authorized Dealer Use
PROTECTS YOUR FAMILY $1,000 PROTECTION PLAN EXCLUSIVE FREE HDR (Home Deductible Reimbursement) Plan See Plan for Details
Exclusivity via our partnership: Free HDR included with every loan. PARTNERS IN CONSUMER FINANCE Delivering turnkey solutions to contractors
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